signal strength 4 of 5

The GOLD H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 3344.99, the Neckline and the upward angle are at 3290.48/3282.56. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GOLD will go towards 3282.16.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.3495; the resistance level 1.3514; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the NZDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -6
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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